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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
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To: rod runyan who wrote (305)6/16/1998 4:35:00 PM
From: Len Giammetta  Read Replies (1) of 2365
 
Hi Rod, just an update. I reconstructed a new neural net model for Newz, relating it to both the Nasdaq Composite, and the Internet Stock Index. Although it needs more training it's still signalling a "sell". It's been signalling a sell since 4/21/98, at 17.50. I plan to add again when I get a "buy". Since my last post, 2nd Opinion has downgraded it again to "Avoid" So to answer your question as to where it is headed, my guess is down. I'm saving my pennies for a sizable buy at the turnaround. I have no idea when that will be, but I'm patient.

What's confusing to me is why many internet stocks are regaining strength and this pup is a laggard.
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